Korean vs South American Median Household Income
COMPARE
Korean
South American
Median Household Income
Median Household Income Comparison
Koreans
South Americans
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
Korean vs South American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018. Similarly, the statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824, a difference of 9.4%.
Median Household Income Correlation Summary
Measurement | Korean | South American |
Minimum | $52,792 | $36,563 |
Maximum | $125,300 | $145,121 |
Range | $72,508 | $108,558 |
Mean | $95,651 | $82,451 |
Median | $97,407 | $80,811 |
Interquartile 25% (IQ1) | $87,266 | $71,448 |
Interquartile 75% (IQ3) | $109,366 | $92,775 |
Interquartile Range (IQR) | $22,100 | $21,327 |
Standard Deviation (Sample) | $17,558 | $17,445 |
Standard Deviation (Population) | $17,478 | $17,367 |
Similar Demographics by Median Household Income
Demographics Similar to Koreans by Median Household Income
In terms of median household income, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).
Demographics | Rating | Rank | Median Household Income |
Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
Immigrants | Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
Immigrants | Austria | 99.9 /100 | #56 | Exceptional $95,277 |
New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
Immigrants | Norway | 99.8 /100 | #62 | Exceptional $94,846 |
Greeks | 99.8 /100 | #63 | Exceptional $94,735 |
Immigrants | Netherlands | 99.7 /100 | #64 | Exceptional $94,411 |
Immigrants | Belarus | 99.7 /100 | #65 | Exceptional $94,399 |
Immigrants | Romania | 99.7 /100 | #66 | Exceptional $94,222 |
Immigrants | Scotland | 99.7 /100 | #67 | Exceptional $94,091 |
Demographics Similar to South Americans by Median Household Income
In terms of median household income, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Uganda | 82.8 /100 | #146 | Excellent $87,553 |
South American Indians | 81.8 /100 | #147 | Excellent $87,446 |
Costa Ricans | 80.0 /100 | #148 | Excellent $87,262 |
Immigrants | Nepal | 77.7 /100 | #149 | Good $87,046 |
Basques | 77.2 /100 | #150 | Good $87,001 |
Hungarians | 76.3 /100 | #151 | Good $86,920 |
Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
South Americans | 75.1 /100 | #153 | Good $86,824 |
Immigrants | Germany | 74.4 /100 | #154 | Good $86,764 |
Carpatho Rusyns | 72.8 /100 | #155 | Good $86,635 |
Immigrants | Albania | 71.5 /100 | #156 | Good $86,534 |
Samoans | 71.0 /100 | #157 | Good $86,498 |
Moroccans | 70.6 /100 | #158 | Good $86,468 |
Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
Luxembourgers | 70.0 /100 | #160 | Good $86,418 |